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28 Jul 2021

US infrastructure deal could come on Wednesday – Bloomberg

Bloomberg News Congress correspondent Erik Wasson tweeted out on Wednesday that comments from both parties suggest that there could come an agreement on the infrastructure bill later in the day.

Reporting on the same matter, Washington Post reporter Tony Romm said negotiators are closing on a deal after working late into last night but noted that it could be finalized over the weekend. 

Market reaction

The market mood remains upbeat following these comments. As of writing, the S&P Futures were up 0.15% on the day and the Nasdaq Futures were rising 0.4%.

Jul 28, 2021

EUR/USD Price Analysis: Still room for a move to 1.1750

EUR/USD came under pressure after recording new weekly highs in the 1.1840/45 band on Tuesday. Spot, in the meantime, flirts with the 2020-2021 line i
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Jul 28, 2021

Gold Price Forecast: XAU/USD surrenders intraday gains, focus remains on FOMC

Gold refreshed daily lows heading into the North American session, albeit quickly recovered a bit thereafter. Currently hovering around the $1,800 mar
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